Eastern Asia: Shank Metal Milling Tools Market 2020

Shank Metal Milling Tools Market Size in Eastern Asia

The revenue of the shank metal milling tools market in Eastern Asia amounted to $X in 2017, increasing by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013, when market value increased by X% year-to-year. The level of shank metal milling tools consumption peaked in 2017, and is likely to continue its growth in the immediate term.

Shank Metal Milling Tools Production in Eastern Asia

The shank metal milling tools production stood at X units in 2017, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2009, when the output figure increased by X% year-to-year. The volume of shank metal milling tools production peaked in 2017, and is expected to retain its growth in the immediate term.

Shank Metal Milling Tools Exports in Eastern Asia

The exports totaled X units in 2017, increasing by X% against the previous year. The shank metal milling tools exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the shank metal milling tools exports attained its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, shank metal milling tools exports amounted to $X in 2017. The shank metal milling tools exports continue to indicate a remarkable increase. The level of exports peaked in 2017, and are likely to continue its growth in the immediate term.

Shank Metal Milling Tools Exports by Country in Eastern Asia

China was the main exporter of shank type milling tools for working metal in Eastern Asia, with the volume of exports reaching X units, which was approx. X% of total exports in 2017. South Korea (X units) occupied the second position in the ranking, followed by Taiwan, Chinese (X units) and Japan (X units). All these countries together occupied approx. X% share of total exports.

China was also the fastest growing in terms of the shank type milling tools for working metal exports, with a CAGR of +X% from 2007 to 2017. At the same time, Taiwan, Chinese (+X%) and South Korea (+X%) displayed positive paces of growth. By contrast, Japan (-X%) illustrated a downward trend over the same period. While the share of Japan (X%) increased significantly in terms of the global exports from 2007-2017, the share of South Korea (-X%), Taiwan, Chinese (-X%) and China (-X%) displayed negative dynamics.

In value terms, the largest shank metal milling tools markets worldwide were China ($X), South Korea ($X) and Japan ($X), with a combined X% share of total exports. Taiwan, Chinese lagged somewhat behind, accounting for a further X%.

Among the main exporting countries , Taiwan, Chinese (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Shank Metal Milling Tools Export Prices by Country in Eastern Asia

The shank metal milling tools export price in Eastern Asia stood at $X per unit in 2017, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013, an increase of X% against the previous year. In that year, the export prices for shank type milling tools for working metal attained their peak level of $X per unit. From 2014 to 2017, growth of the export prices for shank type milling tools for working metal failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Shank Metal Milling Tools Imports in Eastern Asia

In 2017, the amount of shank type milling tools for working metal imported in Eastern Asia amounted to X units, declining by -X% against the previous year. The shank metal milling tools imports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2015, with an increase of X% against the previous year. In that year, the shank metal milling tools imports reached their peak volume of X units. From 2016 to 2017, growth of the shank metal milling tools imports stood at a somewhat lower level.

In value terms, shank metal milling tools imports stood at $X in 2017. The shank metal milling tools imports continue to indicate a remarkable growth. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Shank Metal Milling Tools Imports by Country in Eastern Asia

In 2017, China (X units) was the largest importer for shank type milling tools for working metal, achieving X% of total imports. South Korea (X units) ranks second in terms of the global imports with a X% share, followed by Japan (X%). The following importers - Taiwan, Chinese (X units) and China, Hong Kong SAR (X units) together made up X% of total imports.

China was also the fastest growing in terms of the shank type milling tools for working metal imports, with a CAGR of +X% from 2007 to 2017. At the same time, Taiwan, Chinese (+X%) and Japan (+X%) displayed positive paces of growth. South Korea experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Hong Kong SAR increased by X% percentage points, while Japan (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported shank type milling tools for working metal in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and South Korea (+X% per year).

Shank Metal Milling Tools Import Prices by Country in Eastern Asia

In 2017, the shank metal milling tools import price in Eastern Asia amounted to $X per unit, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, an increase of X% y-o-y. The level of import price peaked of $X per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was China, Hong Kong SAR ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform